WEDNESDAY, 8.30AM A DELEGATION of top executives from the $76billion a year Korean multinationl Daewoo arrived in South Africa to look at new investments of up to more than R1,2 billion. But first, the delegation wants a meeting with government to discuss tax breaks and other incentives for investing here. The company has been offered […]
WEDNESDAY, 6.00PM: VIOLENCE erupted again in the Groblersdal area on Tuesday night, as demonstrators set fire to a truck and to the local ANC offices, in continued protests demanding that the area to be included in Mpumalanga Province. Despite the tesnions, Constitutional Affairs Minister Valli Moosa failed to arrive to address a crowd of 15 […]
HUGE FINNISH AID DEAL FINNISH President Maarti Ahtisaari signed a R50 million aid and development co-operation agreement with President Nelson Mandela at Tuynhuys today. Ahtisaari, who lavished praise on Mandela for his role as an African peace broker, is known to South Africans as the UN mediator who overaw the transition to independence of Namibia. […]
TUESDAY, 8.30AM GOLD climbed out of its three week trough in overnight trade, thanks to the weaker dollar, the gains by silver, platiunum and palladium — and the discovery that a rich new Indonesian gold seam was a hoax. The JSE all gold index was up 2,5% or 30 points to 1 268; and gold […]
TUESDAY, 3.00PM MOST South Africans believe that women have no role in combat and should be accompanied by men in dangerous areas, a poll of 2 200 people by the Human Sciences Research Council and the Institute for Security Studies has revealed. Almost two thirds of respondents said women should not be allowed to join […]
TUESDAY, 12.00NOON: THE SA squad for the May 24 friendly against England at Old Trafford was named yesterday, and Leeds United central defender Lucas Radebe is in the captain’s shoes. Radebe, who led Bafana Bafana in the World Cup qualifier against Zaire last month, is likely to lead the team in the World Cup finals […]
TUESDAY, 12.00NOON: GAUTENG’S Malcolm Lange was in 10th position at the end of the second day of the Tour of Japan cycle race in Suzuka yesterday. Lange, 24, is riding for the Nippon Hado Italian Invitation team, made up of three Italian and two Japanese cyclists. After the 147km circuit race, Lange said yesterday, “It […]
TUESDAY, 3.00PM ANC deputy president Thabo Mbeki acknowledged today that “thing had gone wrong” when township self defence units were given arms from ANC caches in the early nineties. Mbeki, leading Truth Commission evidence for the ANC for the second day, had been challenged by commissioner Hanif Vally on whether the ANC had been irresponsible […]
TUESDAY, 8.30AM The new Telkom board, announced yesterday, includes five representatives from Telekom Malaysia and SBC Communications in the US, the two new foreign equity partners. Also appointed to the board were two worker representatives, Elias Mosunkutu of the Post and Telecommunications Workers Union and Colin Smith of the Alliance of Telkom Unions. The new […]
TUESDAY, 5.00PM A LEVEL two nuclear incident at the Koeberg nuclear power station on Friday, exposing Eskom workers to excessive doses of radiation, was caused by an instrument malfunction, the Council for Nuclear Safety said today which added that it was the second such incident in two months, and that “we will closely monitor Eskom’s […]